NRF
The National Retail Federation (NRF) is the world’s largest retail trade association, representing all retail formats and channels of distribution, including department stores, specialty, discount, catalog, Internet, independent stores, chain restaurants, drug stores, and grocery stores. The NRF advocates for the retail industry in the United States and provides valuable resources, research, and networking opportunities for its members.
The world’s largest retail trade association, National Retail Federation (NRF) recently found itself in the spotlight for a significant correction regarding inventory loss figures.
In recent years, the retail industry has been grappling with a significant rise in thefts, substance abuse, and vandalism.
Shrinkage, sometimes referred to as “shrink,” is the loss of inventory between when it arrives at your facility and when it’s sold or used.
The global economy is facing a potential recession as we approach mid-2023, which will significantly impact consumer spending behavior.
Zara, a popular European fashion brand, has recently implemented a new policy that charges U.S. customers for returning online purchases to third-party drop-off points.
Executive vice president and general merchandise manager Gemma Lionello, and senior vice president Fanya Chandler, participated in a conversation at the National Retail Federation‘s 2021 Retail Converge event.